Fear that Trump tariffs will spark recession wipes out $2 trillion in value from US stock values [Globe and Mail, The (Toronto, Canada)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Globe and Mail, The
Virtually every sector suffered big losses as U.S. financial markets at one point were headed toward their biggest one-day drop since COVID-19 flattened the global economy five years ago. Banks, retailers, clothing, airlines and technology companies were among the hardest hit, with consumers expected to cut spending if tariffs lead to higher prices for goods and services. Many economists called the tariffs much worse than expected, and investors dumped shares in companies they predict will suffer most from what is effectively a business tax. In many cases that tax will be passed on to consumers. If consumers pull back their spending because of higher prices, businesses will produce fewer goods and economic growth could stall or contract. Consumer spending makes up about 70% of economic activity in the U.S. “This is a game changer, not only for the U.S. economy but for the global economy,"Olu Sonola, Fitch Ratings’ head of U.S. Economic Research, said in a report."Many countries wi
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SPGI
Earnings
- 10/31/25 - Beat
SPGI
Sec Filings
- 12/4/25 - Form 8-K
- 12/1/25 - Form 8-K
- 11/13/25 - Form 8-K
- SPGI's page on the SEC website